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Affordable housing performance grant: 1400 Hull Street

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This item is part of a larger project on affordable housing grants in Richmond. See the full project here.

Recipient: 1400 Hull Owner, LLC / Walter Parks, Richard Smith, Malcome Sargent

Project Name: 1400 Hull Street

Address: 1401 Hull St., 1403 Hull St., 1405 Hull St., 1407 Hull St., Richmond, VA 23224

Number of units required: 60

Required investment: $600,000

AMI requirements: 60% AMI average

Estimated annual grant: $127,206

Approval date: 1/13/2025

Project status: Not started

Documents: Ordinance

Deadline for construction start (18 months after approval): 7/13/26

Deadline for construction completion (3 yrs after start): 7/13/29

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